The crypto lending platform Vauld has received approval from the Singapore court to extend the creditor protection period until February 28

According to ChainCatcher, citing sources from The Block, the cryptocurrency lending platform Vauld has received approval from the Singapore court to extend the creditor protection period until February 28, 2023. Previously, its creditor protection was set to expire on January 20 and had sought an extension until April 2. Sources indicate that if the company can make progress, the judge may approve an extension until April. (The Block)